Euro-Bund EW Analysis, bearish triangle coiled.

FX:BUND   Euro-Bund
74 0 4
Greece is threatening default, it has been declared that there is no money to make the IMF payment and negotiations are going bad. This is a clear triangle count that should should be wave iv of an impulse down in Bund             . It is consistent with the risk of default and Bund             ratings that are fragile at the this point in time. Sell the Bund             on the breakdown!
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